2022-03-22 15:14Financial Highlights - Total revenue grew by 36.2% year-over-year to RMB 7,818.7 million ($1,226.9 million)[6] - Adjusted EBITDA grew by 38.2% year-over-year to RMB 3,703.4 million ($581.1 million) with a margin of 47.4%[6] - Total revenue grew by 34.1% year-over-year to RMB 2,187.4 million ($343.2 million) in 4Q21[7] - Adjusted EBITDA grew by 35.5% year-over-year to RMB 1,027.4 million ($161.2 million) with a margin of 47.0% in 4Q21[7] Capacity and Commitment - Net additional total area committed was +118,722 sqm or +283 MW for FY21[6] - Total area committed by customers increased by 27.1% year-over-year to 556,822 sqm[6] - Total capacity increased by 157,510 sqm to 649,398 sqm, a 32.0% year-over-year increase[6] - Net additional total area committed was +23,538 sqm or +54 MW in 4Q21[7] - Total capacity increased by 37,818 sqm to 649,398 sqm, a 32.0% year-over-year increase in 4Q21[7] - Area Under Construction at YE21 was 161,515 sqm with a pre-commitment rate of 61.3%[15,23] Financing Activities - Obtained new project debt financing or refinancing facilities of RMB 16,596.6 million ($2,604.4 million)[6] - Obtained new project debt financing or refinancing facilities of RMB 6,881.6 million ($1,079.9 million) in 4Q21[7] - Raised a further $620 million through a private CB issuance in Feb 2022[6,7] FY22 Business Outlook - The company provided FY22 revenue guidance of RMB 9,320 - 9,680 million, implying a year-over-year growth of 19.2% - 23.8%[63] - The company provided FY22 Adjusted EBITDA guidance of RMB 4,285 - 4,450 million, implying a year-over-year growth of 15.7% - 20.2%[63] - The company expects FY22 Capex to be approximately RMB 12,000 million, a decrease of 12.4%[63]